2023 Regular Session • Virginia Legislature
HB1547: Cannabis; deconforms from federal law, licensees.
Legislative Summary
Conformity with the Internal Revenue Code; cannabis licensees. Deconforms from federal law, as it applies to Virginia medical and recreational cannabis licensees, the prohibition on a deduction for any amount paid or incurred during the taxable year in carrying on any trade or business if such trade or business consists of trafficking in a controlled substance prohibited by federal law.
Bill History
1/5/2023
Prefiled and ordered printed; offered 01/11/23 23102782D
House of Delegates
1/5/2023
Referred to Committee on Finance
House of Delegates
1/25/2023
Assigned Finance sub: Subcommittee #3
House of Delegates
1/27/2023
Subcommittee recommends reporting (7-Y 1-N)
House of Delegates
1/27/2023
Subcommittee recommends referring to Committee on Appropriations
House of Delegates
2/1/2023
Reported from Finance (20-Y 2-N)
House of Delegates
2/1/2023
Referred to Committee on Appropriations
House of Delegates
2/7/2023
Left in Appropriations
House of Delegates
Roll Call Votes
House: Reported from Finance (20-Y 2-N)
2/1/2023
20
Yea
2
Nay
0
Not Voting
0
Absent
Result: PASSED
House: Subcommittee recommends reporting (7-Y 1-N)
1/27/2023
7
Yea
1
Nay
0
Not Voting
0
Absent
Result: PASSED
Status Information
Current Status
Introduced(1/5/2023)
Chamber
House of Delegates
Committee
Appropriations(House of Delegates)
Sine DiePrior Session
Sponsors
Republican: 1
Primary Sponsor
Jeffrey Campbell
Republican